Common use of Back Dating Clause in Contracts

Back Dating. Underlying Polices whose effective dates have been "backdated" up to a maximum of six months from the Coverage Commencement Date to "save age", are also eligible to be Reinsured Policies so long as they meet all of the other conditions. If a lesser time period is specified by applicable regulatory provisions, such lesser period shall control. The six month period is all that will be allowed for this Agreement regardless of whether or not regulatory provisions will allow a longer period. Further, regardless of any other provision to the contrary, Generali USA's liability for claim for such backdated Reinsured Policies begins on the Coverage Commencement Date.

Back Dating. Underlying Polices whose effective dates have been "“backdated" ” up to a maximum of six months from the Coverage Commencement Date to "“save age"”, are also eligible to be Reinsured Policies so long as they meet all of the other conditions. If a lesser time period is specified by applicable regulatory provisions, such lesser period shall control. The six month period is all that will be allowed for this Agreement regardless of whether or not regulatory provisions will allow a longer period. Further, regardless of any other provision to the contrary, Generali USA's ’s liability for claim for such backdated Reinsured Policies begins on the Coverage Commencement Date.

Back Dating. Underlying Polices whose effective dates have been "backdated" up to a maximum of six months from the Coverage Commencement Date to "save age", are also eligible to be Reinsured Policies so long as they meet all of the other conditions. If a lesser time period is specified by applicable regulatory provisions, such lesser period shall control. The six month period is all that will be allowed for this Agreement regardless of whether or not regulatory provisions will allow a longer period. Further, regardless of any other provision to the contrary, Generali USA's liability for claim claims for such backdated Reinsured Policies begins on the Coverage Commencement Date.